UAE Automotive Aftermarket Market Growth, Trends, Size, Revenue, Share and Future Competition
UAE Automotive Aftermarket Industry Size- By Vehicle Type, By Component, By Service Channel, By Certification- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Dec-2023 | Report ID: AMIN23205 | Pages: 1 - 105 | Formats*: |
| Category : Automotive & Transportation | |||
UAE Automotive Aftermarket Market Introduction and Overview
According to SPER Market Research, the UAE Automotive Aftermarket Market is estimated to reach USD XX billion by 2033 with a CAGR of XX%.
The report includes an in-depth analysis of the UAE Automotive Aftermarket Market, including market size and trends, product mix, applications, and supplier analysis. Automotive services and business parts are included in the aftermarket segment of the automotive industry. After an automobile is sold to a customer by the original equipment manufacturer (OEM), it deals with the production, remanufacturing, distribution, retailing, and installation of all components, equipment, and other accessories for vehicles. Vehicle parts, accessories, equipment, and other items are available at varying price points and quality levels from the automotive aftermarket.
Market Opportunities and Challenges
The UAE automotive aftermarket is expected to expand at a consistent compound annual growth rate (CAGR) during the forecast period. The UAE automotive aftermarket is expanding significantly as a result of rising vehicle production and sales, a burgeoning used car market, an increase in traffic accidents, and stricter road safety laws. The UAE automotive aftermarket is expected to see profitable growth opportunities due to the market players' quick adoption of online platforms and the service providers' use of cutting-edge software and technologies to handle complex technical issues and offer top-notch customer service.
The UAE government is investing in a variety of industries, including tourism, healthcare, and education, in an effort to lessen its reliance on the oil and gas sector. Future demand for new cars and taxi services is anticipated to rise due to government expenditures in the tourism sector, which will present lucrative growth possibilities for the UAE automotive aftermarket. Moreover, tight road safety laws and the companies' use of cutting-edge software and technology to solve complicated technical issues are also expected to open up profitable growth prospects for the UAE automobile aftermarket.
The UAE's automobile aftermarket is confronted with issues stemming from changes in the economy, such as how consumer purchasing is affected by oil price fluctuations. The market is vulnerable to supply chain interruptions and currency changes due to its reliance on imported car parts. For aftermarket players, complying with government laws on emissions and car safety standards presents a problem. The automotive sector is experiencing rapid technological innovation, necessitating ongoing adaptation and training investments for experts in repair and maintenance. Furthermore, the need for creative differentiation methods is driven by the growing rivalry in the aftermarket industry on a local and international scale. In order for the UAE automotive aftermarket industry to continue growing and being competitive, it is imperative that these issues be resolved.
Market Competitive Landscape
The expansion of technology and rising R&D expenditures by associations and manufacturers should propel industry growth. The industry is crowded with local and international rivals who struggle to provide cutting-edge products that assist customers in addressing evolving security requirements, technological advancements, and corporate procedures. The major players in the UAE Automotive Aftermarket Market include: AISIN Middle East, Bridgestone Corporation, Continental AG, Denso Sales Middle East & North Africa FZE, Hitachi Automotive Systems, JTEKT Corporation, Robert Bosch GmbH, The Goodyear Tire & Rubber Company, Yokohama Rubber Company, ZF Friedrichshafen AG, Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Vehicle Type, By Component, By Service Channel, By Certification |
| Regions covered | Abu Dhabi, Dubai, Sharjah, Others |
| Companies Covered | AISIN Middle East, Bridgestone Corporation, Continental AG, Denso Sales Middle East & North Africa FZE, Hitachi Automotive Systems, JTEKT Corporation, Robert Bosch GmbH, The Goodyear Tire & Rubber Company, Yokohama Rubber Company, ZF Friedrichshafen AG, Others |
COVID-19 Impact on UAE Automotive Aftermarket Market
The COVID-19 epidemic is causing unprecedented concern for the automotive and transportation industries. This uncertainty is having a substantial influence on supply chains and product demand in the automotive aftermarket. After worries about interruptions from China at first, attention has turned to a more general decline in demand for aftermarket products, especially for parts for commercial vehicles in the face of shutdowns of non-essential services. Changes in consumer purchasing patterns brought on by pandemic-related uncertainty could limit the expansion of the industry. Variations in the economy lead to longer car ownership, and aftermarket players are impacted by a lack of liquidity. After the epidemic, people may favour private transportation more, which might raise used car sales and increase demand for aftermarket auto parts. Entry-level aftermarket companies may see a comeback in developing nations since they appeal to a wide range of consumer tastes.
Key Target Audience:
- Auto Repair and Service Centers
- Automobile Owners and Enthusiasts
- Automotive Parts Manufacturers and Suppliers
- Fleet Owners and Managers
- Insurance Companies
- Investors and Financial Institutions
- Research and Consulting Firms
- Others
Our in-depth analysis of the UAE Automotive Aftermarket Market includes the following segments:
| Batteries: |
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| By Service Channel: |
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| By Certification: |
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Key Topics Covered in the Report:
- UAE Automotive Aftermarket Market Size (FY’2023-FY’2033)
- Overview of UAE Automotive Aftermarket Market
- Segmentation of UAE Automotive Aftermarket Market By Vehicle Type (Commercial Vehicles, Passenger Cars)
- Segmentation of UAE Automotive Aftermarket Market By Component (Air Filter, Batteries, Brake Calliper, Brake Pad, Brake Shoe, Fuel Filter, Spark Plugs, Tires, Others)
- Segmentation of UAE Automotive Aftermarket Market By Service Channel (DIFM, DIY, OE)
- Segmentation of UAE Automotive Aftermarket Market By Certification (Certified Parts, Counterfeit Parts, Genuine Parts, Others)
- Statistical Snap of UAE Automotive Aftermarket Market
- Expansion Analysis of UAE Automotive Aftermarket Market
- Problems and Obstacles in UAE Automotive Aftermarket Market
- Competitive Landscape in the UAE Automotive Aftermarket Market
- Impact of COVID-19 and Demonetization on UAE Automotive Aftermarket Market
- Details on Current Investment in UAE Automotive Aftermarket Market
- Competitive Analysis of UAE Automotive Aftermarket Market
- Prominent Players in the UAE Automotive Aftermarket Market
- SWOT Analysis of UAE Automotive Aftermarket Market
- UAE Automotive Aftermarket Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the UAE Automotive Aftermarket Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. UAE Automotive Aftermarket Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in UAE Automotive Aftermarket Market
7. UAE Automotive Aftermarket Market, By Vehicle Type (USD Million)
7.1. UAE Automotive Aftermarket Market Value Share and Forecast, By Vehicle Type, 2023-20337.2. Commercial Vehicles7.3. Passenger Cars
8. UAE Automotive Aftermarket Market, By Component (USD Million)
8.1. UAE Automotive Aftermarket Market Value Share and Forecast, By Component, 2023-20338.2. Air Filter8.3. Batteries8.4. Brake Calliper8.5. Brake Pad8.6. Brake Shoe8.7. Fuel Filter8.8. Spark Plugs8.9. Tires8.10. Others
9. UAE Automotive Aftermarket Market, By Service Channel (USD Million)
9.1. UAE Automotive Aftermarket Market Value Share and Forecast, By Service Channel, 2023-20339.2. DIFM (Do it for Me)9.3. DIY (Do it Yourself)9.4. OE (Delegating to OEM's)
10. UAE Automotive Aftermarket Market, By Certification (USD Million)
10.1. UAE Automotive Aftermarket Market Value Share and Forecast, By Certification, 2023-203310.2. Certified Parts10.3. Counterfeit Parts10.4. Genuine Parts10.5. Others
11. UAE Automotive Aftermarket Market Forecast, 2019-2033 (USD Million)
11.1. UAE Automotive Aftermarket Market Size and Market Share
12. UAE Automotive Aftermarket Market, By Vehicle Type, 2019-2033 (USD Million)
12.1. UAE Automotive Aftermarket Market Size and Market Share By Vehicle Type (2019-2026)12.2. UAE Automotive Aftermarket Market Size and Market Share By Vehicle Type (2027-2033)
13. UAE Automotive Aftermarket Market, By Component, 2019-2033 (USD Million)
13.1. UAE Automotive Aftermarket Market Size and Market Share By Component (2019-2026)13.2. UAE Automotive Aftermarket Market Size and Market Share By Component (2027-2033)
14. UAE Automotive Aftermarket Market, By Service Channel, 2019-2033 (USD Million)
14.1. UAE Automotive Aftermarket Market Size and Market Share By Service Channel (2019-2026)14.2. UAE Automotive Aftermarket Market Size and Market Share By Service Channel (2027-2033)
15. UAE Automotive Aftermarket Market, By Certification, 2019-2033 (USD Million)
15.1. UAE Automotive Aftermarket Market Size and Market Share By Certification (2019-2026)15.2. UAE Automotive Aftermarket Market Size and Market Share By Certification (2027-2033)
16. UAE Automotive Aftermarket Market, By Region, 2019-2033 (USD Million)
16.1. UAE Automotive Aftermarket Market Size and Market Share By Region (2019-2026)16.2. UAE Automotive Aftermarket Market Size and Market Share By Region (2027-2033)16.3. Abu Dhabi16.4. Dubai16.5. Sharjah16.6. Others
17. Company Profile
17.1. AISIN Middle East17.1.1. Company details17.1.2. Financial outlook17.1.3. Product summary17.1.4. Recent developments17.2. Bridgestone Corporation17.2.1. Company details17.2.2. Financial outlook17.2.3. Product summary17.2.4. Recent developments17.3. Continental AG17.3.1. Company details17.3.2. Financial outlook17.3.3. Product summary17.3.4. Recent developments17.4. Denso Sales Middle East & North Africa FZE17.4.1. Company details17.4.2. Financial outlook17.4.3. Product summary17.4.4. Recent developments17.5. Hitachi Automotive Systems17.5.1. Company details17.5.2. Financial outlook17.5.3. Product summary17.5.4. Recent developments17.6. JTEKT Corporation17.6.1. Company details17.6.2. Financial outlook17.6.3. Product summary17.6.4. Recent developments17.7. Robert Bosch GmbH17.7.1. Company details17.7.2. Financial outlook17.7.3. Product summary17.7.4. Recent developments17.8. The Goodyear Tire & Rubber Company17.8.1. Company details17.8.2. Financial outlook17.8.3. Product summary17.8.4. Recent developments17.9. Yokohama Rubber Company17.9.1. Company details17.9.2. Financial outlook17.9.3. Product summary17.9.4. Recent developments17.10. ZF Friedrichshafen AG17.10.1. Company details17.10.2. Financial outlook17.10.3. Product summary17.10.4. Recent developments17.11. Others
18. List of Abbreviations
19. Reference Links
20. Conclusion
21. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
UAE Automotive Aftermarket Market is projected to reach USD XX billion by 2033, growing at a CAGR of XX% during the forecast period.
UAE Automotive Aftermarket Market grew in market size from 2023. The Market is expected to reach USD XX billion by 2033, at a CAGR of XX% during the forecast period.
UAE Automotive Aftermarket Market CAGR of XX% during the forecast period.
You can get the sample pages by clicking the link -Click Here
UAE Automotive Aftermarket Market size is USD XX billion from 2023 to 2033.
UAE Automotive Aftermarket Market Segment is Covered By Vehicle Type, By Component, By Service Channel, By Certification
The Middle East region is anticipated to have the highest market share in UAE Automotive Aftermarket Market.
The key players in the market include Companies Covered AISIN Middle East, Bridgestone Corporation, Continental AG, Denso Sales Middle East & North Africa FZE, Hitachi Automotive Systems, JTEKT Corporation, Robert Bosch GmbH, The Goodyear Tire & Rubber Company, Yokohama Rubber Company, ZF Friedrichshafen AG, Others
UAE Automotive Aftermarket Market, including market size and trends, product mix, applications, and supplier analysis. Automotive services and business parts are included in the aftermarket segment of the automotive industry.
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